Chart Industries and TECO 2030 have joined forces to develop technological solutions to capture carbon dioxide (CO2) emitted by ships and subsequently store it in liquid form.
Formalising the agreement today (June 14), the duo said the technology will utilise Chart’s expertise in cryogenic equipment and systems, along with Sustainable Energy Solutions’ technology, to separate the emitted CO2, resulting in a high purity liquid CO2 product.
The liquid CO2 will be stored onboard in cryogenic storage tanks until the ship reaches port.
When it has been offloaded from the ship, the CO2 can then either be permanently stored in geological formations underground or be put to beneficial use in CO2-consuming industries, such as the agricultural, industrial, energy, or food and beverage sectors.
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